The Best Utility Billing Software for Business

Billing system is a system which helps in managing the billing, payment and debt processing of a company. In general billing system is a software product which generated invoice for different kinds of inputs and markets. Billing engine has basic functions is billing online and re-billing while opening or closing accounts. Accounts can be billed online which requires adjustments outside.  Charges can be presented on bill or on other separate bills. Metered, non-metered services and products can be billed. Function of tariff calculation formula can be used to create and control complex tariffs.

Today in market, there are many types of billing systems, for instance telecommunication billing system, energy billing system, water billing system, billing systems in logistic, shops and restaurant, e-commerce billing system, and many more.

In telecommunications, most important processes in this system are rating, payment, provisioning, mediation, adjustment and billing. In process of rating Billing System charge particular event, voice call, fax, sms, mms and video data package. Flexible billing system means that operator can configure any demand from marketing department and start in production with desired date.

The crucial goals are to find, attract and win new clients. It focuses to nurture and retain those clients the company already has. Billing Engine entices former clients back into the fold, and reduces the costs of marketing and client service.

Customer relationship management- It is a widely implemented and broadly recognized strategy for management, nurturing and establishing interactions of company with clients and sales prospects. It involves using technology to organize, automate, and synchronize business processes. It includes many sales activities for marketing, customer service, and technical support.

Flexible Billing Scheduling- This system automate invoice creation by calculating finance charges, sales tax and discounts based on terms of payment, either on recurring  or a one-time basis.

Integrated Process Workflow- From order to quote bill, billing helps one to manage the entire process with routing capabilities and transaction creation in a single solution.

Billing Engine software allows the re-sellers to keep full control of their customers and invoices. It facilitates to re-sell in a variety of payment systems, including a monthly rental scheme which greatly reduces overheads.

It has been developed after many years of research into the arena of billing in telecommunications.

Billing software invoicing software turns your billing management process into a competitive asset by completely integrating it into your business. Billing management software enables you to satisfy and fulfils company's specific needs. It also helps one to reduce billing errors and improve customer satisfaction.